Brændgaard Group V ApS — Credit Rating and Financial Key Figures

CVR number: 42424250
Heboltoft 33, Velling 6950 Ringkøbing

Credit rating

Company information

Official name
Brændgaard Group V ApS
Established
2021
Domicile
Velling
Company form
Private limited company
Industry

About Brændgaard Group V ApS

Brændgaard Group V ApS (CVR number: 42424250) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -5.5 kDKK in 2023. The operating profit was -5.5 kDKK, while net earnings were -5.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Brændgaard Group V ApS's liquidity measured by quick ratio was 14.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-7.08-4.38-5.50
EBIT-7.08-4.38-5.50
Net earnings-6.36-7.09-5.58
Shareholders equity total63.6456.5450.97
Balance sheet total (assets)2 819.602 932.373 131.00
Net debt2 686.422 811.213 019.91
Profitability
EBIT-%
ROA1.6 %4.0 %6.5 %
ROE-10.0 %-11.8 %-10.4 %
ROI1.6 %4.0 %6.5 %
Economic value added (EVA)-6.31-4.25-3.12
Solvency
Equity ratio2.3 %1.9 %1.6 %
Gearing4325.1 %5079.7 %6035.0 %
Relative net indebtedness %
Liquidity
Quick ratio19.117.514.5
Current ratio19.117.514.5
Cash and cash equivalents66.0461.1256.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:6.47%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.63%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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